Search results for HANA INFINITY
Finance
Hana Bank signs won swap deal with RFI, first for South Korean banks
Hana Bank signed a won swap deal in London with a foreign bank registered as a Recognised Foreign Institution, it said. The bank said it was the first time a South Korean bank had concluded a won swap transaction with an RFI. Hana said its London funding centre supplied won liquidity directly to overseas won swap demand. It plans to expand the centre’s scope from FX and remittances to sales of won government bonds, domestic stocks and won derivatives.
Finance
Hana Bank checks operations on first day of 24-hour forex market launch
Hana Bank said it has fully activated its foreign-exchange trading response system in line with the launch of 24-hour trading in South Korea’s won-dollar market. The domestic won-dollar market shifted to a round-the-clock system from Monday, allowing participants to trade at Seoul’s real-time exchange rates without time limits. Deputy Prime Minister Koo Yun-cheol and Bank of Korea Deputy Governor Assistant Kwon Min-soo visited the bank’s dealing room and reviewed extended-hours conditions.
Finance
Hana Financial to support independence for out-of-school youth
Hana Financial Group said on March 22 it signed a memorandum of understanding with the Federation of Korean Industries, the Korea Youth Counseling & Welfare Institute and the Korea Educational Broadcasting System. It plans to 추진 a social contribution project, \"Youth Bridge\", to support independence and a fresh start for out-of-school youth. The partners will build an integrated support system, linking education, counselling and career guidance, while Hana Financial runs finance-related and field-based programmes including financial education and illegal gambling prevention.